Commercial Real Estate Market in Millry, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
9 active listings and 50 off-market properties in Millry, AL. Commercial property asks $498/SF to buy and $8.00/SF/Yr to lease.
Market Trends
Millry, AL spans 236.1 square miles in Washington County, Alabama. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Millry, AL runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Millry, AL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Millry, AL runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Millry, AL runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Millry, AL has 3,441 residents in 2,117 households. Density runs 15 people per square mile. Median household income here is $59,420 and median gross rent $620 a month.
3,441
Population
2,117
Households
1.6
Avg Household Size
45
Median Age
20%
College-Educated
87%
High-School Grad
236.1 sq mi
ZIP Area
15
Density / Sq Mi
$59,420
Median Household Income
$50,092
Median Earnings
$620
Median Rent
$142,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Koenton | — | — |
| Barlow | — | — |
| Yarbo | — | — |
| Aquilla | — | — |
Commercial property in Millry, AL asks $498/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Millry?
Commercial property in Millry, AL asks an average of $498 per square foot.
How much does it cost to lease commercial space in Millry?
Asking lease rates in Millry, AL average $8.00 per square foot per year.
Where does Realmo's Millry market data come from?
Realmo compiles Millry, AL figures from 8 active sale listings, 1 active lease listings, 50 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 8 active for-sale and 1 active for-lease listings in Millry, AL. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
